Ethereum Foundation borrowed $2 million in GHO stablecoins using wrapped ETH (wETH) as collateral on the Aave protocol

Event date

May 29, 2025

Quotes that support claims

The Ethereum Foundation (EF) has borrowed $2 million in GHO, a decentralized stablecoin developed by Aave, in a move signaling deeper engagement with decentralized finance (DeFi) strategies.

The Ethereum Foundation (EF) has quietly taken a tactical step into DeFi by borrowing $2 million in GHO stablecoins using wrapped ETH (wETH) as collateral on the Aave protocol.

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Week 22 of 2025